Companies House erroneously misspelt in its records the name of a company which had gone into liquidation (Taylor & Son Limited), as Taylor & Sons Limited which was not in liquidation at the time. Companies House corrected the typographical error 3 days later, however, the damage was already done, as the information had been disseminated on the internet.
In 2009, Companies House recorded information stating that Taylor & Sons Ltd – a 124-year-old Welsh engineering firm employing more than 250 people – had been wound up. Tough times for business. What happened next? Taylor & Sons’ business evaporated: orders were cancelled, contracts were lost and credit from suppliers was withdrawn. The company subsequently went into administration, and was finally dissolved in 2014. So Companies House wasn’t wrong; just a bit premature. The problem was Companies House hadn’t meant to report that Taylor & Sons Ltd had gone into liquidation. They had meant to say Taylor & Son Ltd. They miscounted Mr Taylor’s offspring? No. Taylor & Son was a completely different company, one that actually had gone into liquidation.